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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (2227)	8/24/2001 3:18:56 PM
From: Uncle Frank	Read Replies (3) \| Respond to of 5205

>> If you are as convinced as you seem, then I'm sure you have short calls on your position? I have not covered sebl yet. I had been waiting for a tech rally before pulling the trigger, but Tom Siebel pretty much took away the possibility of sebl participating. I have reset my expectations, and am waiting for a good opening to write Octobers. >> Or did you sell to try to buy back at the absolute bottom? No, sebl is a core position, and I still have high expectations for it over the multi-year period that comprises my normal holding period. If I believed otherwise, I would resign my position rather than attempt to trade it. But I have no interest in adding to my position at this point, for reasons outlined in my earlier post. duf